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Vera Bradley

#9475

Rank

$53.74M

Marketcap

US United States

Country

Vera Bradley
Leadership team

Mr. John Enwright (Exec. VP & CFO)

Mr. Robert Thomas Wallstrom (Exec. Officer)

Ms. Barbara Bradley Baekgaard (Co-Founder & Director)

Products/ Services
E-Commerce, Fashion, Retail, Travel
Number of Employees
1,000 - 20,000
Headquarters
Fort Wayne, Indiana, United States
Established
1982
Company Registration
SEC CIK number: 0001495320
Revenue
500M - 1B
Traded as
VRA
Social Media
Overview
Location
Summary
Vera Bradley, Inc., together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consisting of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags. It also provides home products that include throw blankets, beach towels, and comforters, as well as items, such as mugs and tumblers; apparel/footwear comprising sleepwear, footwear, cotton face masks, outerwear, socks, and scarves; and stationery and merchandising products, as well as freight, licensing, and gift card breakage services. The company sells its Vera Bradley branded products through its full-line and factory outlet stores in the United States; and verabradley.com, an online outlet site, as well as its annual outlet sale in Fort Wayne, Indiana. As of January 29, 2022, it operated 70 full-line and 75 factory outlet stores. The company sells its Pura Vida branded products through wholesale retailers, as well as through Pura Vida websites, including www.puravidabracelets.com, www.puravidabracelets.eu, and www.puravidabracelets.ca. It also sells its Vera Bradley branded products to approximately 1,800 specialty retail locations, department stores, national accounts, third party e-commerce sites, and third-party inventory liquidators, as well as through licensing agreements. Vera Bradley, Inc. was incorporated in 1982 and is headquartered in Roanoke, Indiana.
History

Headquartered in Fort Wayne, Indiana, the company was founded in 1982 by neighbors Barbara Bradley Baekgaard and Patricia R. Miller. Inspired by the fabric Barbara found on a trip to Tokyo, the two women developed the fortuitous idea of creating lightweight and colorful cotton quilted luggage and handbags. Taking advantage of the public’s appetite for stylish and practical accessories, they started a company with 10 original designs and one employee.

Mission
We believe that women have their own secret language. Only we can make every floor a dance floor, every moment a memory and beauty a part of every day. As a company for women by women, we understand the need for a flat iron cover and that extra pocket so you don’t lose your lipstick. At Vera Bradley, we are committed to creating beautiful solutions that are both colorful and functional.
Vision
Vera Bradley's vision is to have a global, multi-channel lifestyle brand that provides a fully coordinated lifestyle with iconic prints and rich, comfortable fabrics, while inspiring customers to enjoy their lives to the fullest and pursue their dreams with confidence
Key Team

Ms. Mary Beth Trypus (Chief Revenue Officer)

Ms. Jacqueline Ardrey (Pres, CEO & Director)

Ms. Beatrice Mac Cabe (Chief Creative Officer)

Ms. Patricia R. Miller (Co-Founder)

Mr. Daren Hull (Vera Bradley Brand Pres)

Ms. Pamela Sours (Sr. VP of Operations)

Mr. Mark C. Dely (Chief Admin. & Legal Officer and Corp. Sec.)

Recognition and Awards
Vera Bradley has won numerous awards annually, including awards for the Hall of Fame for Smart Business Magazine, the Creative Excellence Award for SuperZoo and the retailers’ Choice Award for Accessories Magazine.
References

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Vera Bradley
Leadership team

Mr. John Enwright (Exec. VP & CFO)

Mr. Robert Thomas Wallstrom (Exec. Officer)

Ms. Barbara Bradley Baekgaard (Co-Founder & Director)

Products/ Services
E-Commerce, Fashion, Retail, Travel
Number of Employees
1,000 - 20,000
Headquarters
Fort Wayne, Indiana, United States
Established
1982
Company Registration
SEC CIK number: 0001495320
Revenue
500M - 1B
Traded as
VRA
Social Media